LawFuel – Legal Newswire – On September 8, Magnesita Refratários S.A. announced that it had agreed to acquire LWB Refractories GmbH & Co. from Rhone Capital LLC for an assumed cash and equity consideration of €277 million. The combined companies are expected to be the third-largest producer of refractories in the world. Cravath advised Magnesita on U.S. law aspects and coordinated local counsels advising the company in other relevant jurisdictions, including Hengeler Mueller in Germany, Bredin Prat in France, Stibbe in Belgium and Commerce & Finance Law Offices in China.
The lawyers involved in this matter are partner David Mercado, senior attorney Ralph B. Currey III and associates Patrick J. Bright and Ruben Ferrer on corporate matters; partner Michael L. Schler and associates Edward S. Wei and Joanne J. Lee on tax matters; partner Eric W. Hilfers and associates M. C. Tania Balthazaar and Daniel A. Birnhak on executive compensation and benefits matters; partner Joel F. Herold and associate Kai Haakon E. Liekefett on banking matters; senior attorney Gregory J. Battista on environmental matters; senior attorney Martin R. Levine on real estate matters; and associate Robin C. Landis on antitrust matters.